₹ 315 - ₹ 331
09-Jan-2024 - 11-Jan-2024
₹ 14895.00



09-Jan-2024 - 11-Jan-2024

₹ 315 - ₹ 331

Price Band

₹ 14895.00

Minimum Investment


Bid Lot



IPO Details

Fresh Issue of Equity Shares aggregating upto Rs.1,000 Cr

Category % Shares/Amount
QIB 75% 22,545,317 Shares Rs. 745.25 Cr
HNI 1 10% 3,006,042 Shares Rs. 99.50 Cr @ 2386 Form 1X
HNI 2 5% 1,503,021 Shares Rs. 49.75 Cr @ 4771 Form 1X
Retail 10% 3,006,042 Shares Rs. 99.50 Cr @ 66801 Form 1X
Employee 0% 158,227 Shares Rs.5.00 Cr

BRLM : Equirus Capital, ICICI Securities, SBI Capital Markets

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
66801 Form 1X 2386 Form 1X 4771 Form 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 45 ₹ 14,895
Retail (Upto 2 Lakh) 13 585 ₹ 193,635
S-HNI (2 Lakh to 10 Lakh) 14 630 ₹ 208,530
S-HNI (2 Lakh to 10 Lakh) 67 3015 ₹ 997,965
B-HNI (Above 10 Lakh) 68 3060 ₹ 1,012,860

IPO Timeline

  • Open Date

  • Close Date

  • Basis of Allotment Date

  • Initiation of Refunds

  • Credit Shares to Demat A/c

  • IPO Listing Date


Subscription as on
11-Jan-2024 16:49

Category Book Size Subscription No. of Times
QIB 9,018,127 ₹ 298.50 Cr. 418,201,650 ₹ 13842.47 Cr. 46.37x
HNI (<10 LAKH) 3,006,042 ₹ 99.50 Cr. 44,157,960 ₹ 1461.63 Cr. 14.69x
HNI2 (>10 LAKH) 1,503,021 ₹ 49.75 Cr. 128,559,780 ₹ 4255.33 Cr. 85.53x
RETAIL 3,006,042 ₹ 99.50 Cr. 82,156,635 ₹ 2719.38 Cr. 27.33x
EMP 151,057 ₹ 5.00 Cr. 2,063,385 ₹ 68.30 Cr. 13.66x
Total 16,684,289 675,139,410 40.47x
Category Book Size Subscription No. of Times
QIB 9,018,127 ₹ 298.50 Cr. 418,201,650 ₹ 13842.47 Cr. 46.37x
HNI (<10 LAKH) 3,006,042 ₹ 99.50 Cr. 44,157,960 ₹ 1461.63 Cr. 14.69x
HNI2 (>10 LAKH) 1,503,021 ₹ 49.75 Cr. 128,559,780 ₹ 4255.33 Cr. 85.53x
RETAIL 3,006,042 ₹ 99.50 Cr. 82,156,635 ₹ 2719.38 Cr. 27.33x
EMP 151,057 ₹ 5.00 Cr. 2,063,385 ₹ 68.30 Cr. 13.66x
Total 16,684,289 675,139,410 40.47x

*Excluding Anchor

Total No. of Application Approx : ~1539263 (23.04 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • Jyoti CNC Automation Limited (“Jyoti CNC”) was incorporated on January 17, 1991.  Jyoti CNC is one of the world’s leading manufacturers of metal cutting computer numerical control (“CNC”) machines with the 3rd largest market share in India accounting approximately 10% of the market share in India in Fiscal 2023 and 12th largest market share globally accounting for 0.4% of the market share globally in calendar year 2022. 
  • Jyoti CNC is a prominent manufacturer of simultaneous 5-Axis CNC machines in India and supply a diverse portfolios of CNC machines in India including CNC Turning Centres, CNC Turn Mill Centres, CNC Vertical Machining Centres (VMCs), CNC Horizontal Machining Centres (HMCs).  
  • Jyoti CNC offers solutions suited for transitioning towards ‘Industry 4.0’, including their flagship multifunctional solutions package viz. ‘7th Sense’ – which is geared towards automating sophisticated diagnostic and analytical functions enabling seamless management of productivity, health, and tool life of the CNC machine. 
  • In November 2007, they acquired Huron Graffenstaden SAS (Huron, their step-down subsidiary), a pioneer for 5-Axis machining technology 
  • Jyoti CNC offers over 200 variants across 44 series and during the last 3 Fiscals, they have supplied over 8,400 CNC machines to more than 3,500 customers in India and across Asia (excluding India), Europe, North America, and rest of the world. Since April 1, 2004, they have supplied over 30,000 CNC machines globally. During the last 6 months period ended September 30, 2023, and during the last 3 Fiscals they have sold their products in India and 16 other countries across the globe.  
  • The company operates out of 3 manufacturing facilities 2 in Rajkot, Gujarat, and 1 in Strasbourg, France, which are equipped with capabilities to design, develop, and manufacture their product portfolio. Additionally, they also have a repair facility in Rajkot, Gujarat.

Read More


  • One of the leading CNC machine manufacturing companies globally as well as in India with presence across the CNC metal cutting machinery value chain; 

  • Well diversified global customer base spread across end-user industries;

  • Focus on technology and ability to deliver innovative solutions bolstered by dedicated R&D facilities;

  • Vertically integrated operations which enables customisation and production efficiencies;

  • Experienced Promoters supported by a strong management and execution team. 

  • Focus on improving the market share and taking advantage of the growing industry demand;

  • Expand the presence across other end-user industries and diversify the customer base and geographical reach;

  • Continuously augmenting the capacity in line with the expected business growth;

  • Improving the financial risk profile.

Company Promoters

Parakramsinh Ghanshyamsinh Jadeja is one of the promoter, Chairman and Managing Director of the company. Sahdevsinh Lalubha Jadeja is one of the Promoter and Whole-Time Director of the company. Vikramsinh Raghuvirsinh Rana is one of the promoter and Whole-Time Director of the company. Yogesh Damodardas Kathrecha is an independent Director of the company. Vijay Vaman Paranjape is an independent Director of the company. Jignasa Pravinchandra Mehta is an independent Director of the company. R

Company Financials

Jyoti CNC Automation Limited's revenue increased by 27% and profit after tax (PAT) rose by 131.18% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended 30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 1,706.07 1,515.38 1,286.24 1,388.19
Revenue 510.53 952.60 750.06 590.09
Profit After Tax 3.35 15.06 -48.30 -70.03
Net Worth 205.63 36.23 -29.68 18.67
Reserves and Surplus 213.33 49.14 11.67 83.11
Total Borrowing 821.40 834.97 792.16 725.12
Amount in ? Crore

Objects of the Issue

  1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company;
  2. Funding long-term working capital requirements of the company; and
  3. General corporate purposes.

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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